Cryptocurrencies emerged at the end of the last century to facilitate online transactions, purchases and financial operations. This virtual currency is easy to use since it is fully dematerialized and tokens (digital tokens) take the place of notes and coins.
Unlike fiat money which is produced and governed by governments and central banks, cryptocurrency is governed by the law of supply and demand and is produced by algorithms. Nevertheless, like fiat currency income, cryptocurrencies are taxable. As for payment by cryptocurrency, it can be done online or via a cryptocurrency bank card.
The operation of these Visa/Mastercard cards is substantially similar to that of debit cards except that when paying with a cryptocurrency bank card, the debit is done in a wallet of crypto-currencies and the conversion into fiat currency is automatic.
These cryptocurrency bank cards also make it possible to withdraw money, convert your crypto-currencies into euros and make secure and anonymous payments. On the market, there are many cryptocurrency bank cards and it is worth making a comparison of these cards in order to choose the best cryptocurrency bank card. Wirex
Based in the UK, Wirex (our review here) is a company specialising in payment solutions for individuals and businesses. In its offer dedicated to crypto-currencies, Wirex offers a cryptocurrency account that can be fed with bitcoins, ethers, Ripple, DAI, Nano and even currencies.
Wirex also has its own cryptocurrency, namely the Wirex Token. In addition to the Wirex app, this company also offers a Wirex card. This credit card makes it possible to make withdrawals and payments in crypto-currencies.
It can be easily reloaded into currencies or cryptocurrencies and allows you to use your bitcoins, ethers or Wirex Token wherever you are. It is thus the ideal cryptocurrency bank card for frequent travelers or itinerant workers.
In addition, when making purchases in Wirex Token, one can benefit from a cashback called cryptoback. This system rewards each wirex Token purchase by donating between 0.5 and 3% of the purchase amount to your Wirex account.
To order a Wirex credit card, simply create a Wirex account, validate your identity and order the card via the Wirex app or via the Wirex website. Once the card is received, it will have to be fed with cryptocurrency or fiat currency.
As for the fees, the Wirex credit card costs €1.2 per month and only withdrawals (€2.25 for withdrawals in the Euro zone and €2.75 for withdrawals abroad) as well as reloading by credit card are charged (1% of the amount recharged). Account management, cryptocurrency purchase and card top-up by bank transfer are gratuits.Crypto.com
Crypto.com is a Hong Kong-based company specializing in cryptocurrencies. To take advantage of this company’s offers, simply download the eponymous application from Google Play Store or Apple Store, sign up for Crypto.com and validate your identity. His account on Crypto.com is manageable from a mobile application and the account can be fed with currencies but also crypto-currencies.
Then, it will be necessary to choose from several cards Crypto.com, cards that will be funded in currencies or in more than fifty crypto-currencies. The first card is an entry-level blue VISA card.
Called Midnight Blue, it is completely free and unconditional. Other Crypto.com cryptocurrency bank cards require the purchase of a number of MCO Tokens. As for Ruby Steel, it is, for example, necessary to have 50 MCO Tokens on your account for 6 months to be able to benefit from it.
This number of essential Tokens is exponential depending on the card and the Premium card of Crypto.com batpisé Obsidian is accessible only if you have 50,000 MCO Tokens on your account. Nevertheless, the more the card you choose goes upmarket, the more numerous the advantages.
Among these advantages is unlimited access to the lougne areas of airports and the cashback service when making purchases with your credit card Crypto.com. These cashbacks of up to 5 to 100% refunds are for Accommodation in AirBnB or subscriptions to Netflix or Spotify.
Moreover, all Crypto.com bank cards are completely free and only a few banking operations are charged according to commissions for the most part very low. Binance Card
Binance is an international player in the field of cryptocurrency that recently announced its deployment on European soil. This deployment is accompanied by a cashback offer of up to 7% and the availability of the Binance Card in Europe and France.
This card can be reloaded automatically and daily spending limits can be revised upwards. Cashback of up to 8% is also available with the Binance Card.
This cryptocurrency bank card is a Visa card that can be recharged in currencies but also in crypto-currencies. It has no monthly spending limit and can be used with 46 million merchants worldwide and in more than 200 regions and territories.
As for tariffs, only an initial issuance fee of US$15 payable in BTC or BNB is announced by Binance. There are therefore no monthly/annual fees or transaction fees. Cryptopay
Cryptopay is a British FinTech created in 2013 and specialized in the sale, exchange and purchase of crypto-currencies. Now manageable from an ergonomic mobile application, the Cryptopay account allows you to buy and make payments in crypto-currencies.
As for Cryptopay’s bank card, it is a bitcoin debit card with a monthly payment limit of €1,000 and a balance limit of €10,000. It allows you to make payments, purchases but also exchanges of crypto-currencies.
This Visa debit card that can be purchased at $15 is accessible via a subscription of €1 per month and can be recharged for a 1% top-up fee. A conversion fee of 1% is also applied for the conversion of your money into BTC and vice versa.
To order it, simply open a Cryptopay account and validate your identity. It is thus a cryptocurrency bank card allowing to carry out online transactions with ease and this, in several countries including the France.Coinbase Card
Coinbase is an American platform for the exchange of crypto-currencies created in 2012 and present in the United States but also in several European countries including France. To allow its users to pay for their purchases in bitcoins and other crytpo-currencies, Coinbase recently launched its bank card called Coinbase Card.
The latter was launched in partnership with the British company Paysafe to guarantee the security of transactions. In addition, it is a classic Visa card that can be configured from the Coinbase Card mobile application.
It allows you to make withdrawals from ATMs, online payments as well as payments in stores or from merchants accepting payments by credit card. It is thus a cryptocurrency bank card intended to spend its crypto-currencies in a secure way. As for the rates, the issuance of the Coinbase Card requires a deposit of 4.95 € and each payment made with this credit card is charged at 2.94%.
When withdrawals exceed the imposed limit of €200 monthly withdrawals, 1% fee is applied for withdrawals made in France and 2% fee for withdrawals abroad. Uquid
Uquid is an English FinTech specializing in the sale, purchase and exchange of cryptocurrencies. To allow its users to make transactions easily, Uquid provides them with a bank card accepting currencies but also crypto-currencies.